Trending Articles

Pandemic drives more interest in real estate careers

Housing Wire

For Victoria Murphy, a RE/MAX agent in Oahu, Hawaii, getting her Realtor license was always a part of her plan. But shut-down orders in March helped push the college student to get it done.

Is the Economic Recovery Beating All Projections?

Keeping Current Matters

Earlier this year, many economists and market analysts were predicting an apocalyptic financial downturn that would potentially rattle the U.S. economy for years to come. They immediately started to compare it to the Great Depression of a century ago.

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With Mortgage Rates at Record Lows, How Can Buyers Know When To Pounce?

Realtor.com

Andrii Yalanskyi/Getty Images One of the few bright spots for home buyers and owners in 2020—a year marred by a pandemic, economic recession, social unrest, wildfires, hurricanes, and a highly polarized presidential election—has been rock-bottom mortgage interest rates.

A Good Time to Sell a Home, Say Real Estate Experts

RIS Media

Historically low interest rates, insufficient housing inventory and a large wave of homebuyers seeking a lifestyle change have combined to create a robust sellers’ market in which bidding wars are becoming the norm, reports Weichert, Realtors®.

Canadian Immigration Resumes Big Declines, As Permanent Resident Numbers Plummet

Better Dwelling

Canadian immigration numbers have resumed massive drops, after briefly showing improvement in June. Government of Canada (GoC) data shows permanent resident arrivals made big declines in July. The previous month had briefly seen the declines shrink in size, providing optimism to real estate markets.

LoanDepot could make public debut this year at up to $15B

Housing Wire

LoanDepot is poised to go public later this year, becoming “Lyft to Rocket Mortgage’s Uber,” according to a new report. The California-based mortgage lender headed by Anthony Hsieh could be worth between $12 billion and $14 billion in an IPO, according to Bloomberg ‘s sources.

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2021 = Market Compression

BubbleInfo

The 2021 selling season should be the craziest market in the history of the world. My theory: The covid-19 pandemic has jumbled the usual timing of the elective movers, and we are experiencing a not-natural compression of reasons to move.

The 4 Cornerstones of Real Estate

RIS Media

You may find yourself wondering: What does it take to be one of the best in the real estate industry? To be the best, you have to know the four cornerstones.

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Meticulously Restored $17.5M Historic Craftsman in Palo Alto Attracts a Buyer

Realtor.com

realtor.com Palo Alto, CA , sits smack in the middle of Silicon Valley and lays claim to some of the highest home prices in the nation. Its current median list price is an eye-popping $3.2 million.

Fed says expect low rates through 2023

Housing Wire

The Federal Reserve left its overnight lending rate unchanged on Wednesday at the end of its last meeting before the Nov. 3 presidential election and said it expects to keep it near zero for more than a year.

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The Surging Real Estate Market Continues to Climb

Keeping Current Matters

Earlier this year, realtor.com announced the release of the Housing Recovery Index , a weekly guide showing how the pandemic has impacted the residential real estate market.

Your Fall Maintenance Checklist

American Lifestyle

The post Your Fall Maintenance Checklist appeared first on American Lifestyle Magazine. Home Improvement Autumn Fall Finance Financial Advice Home Advice Home Buying Home Loan Maintenance Real Estate Real Estate Agent Refinancing Repair

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Fed to Keep Rates Near Zero Until at Least 2024 Unless New Conditions Met

RIS Media

On Wednesday, Sept. 17 the Federal Reserve stated it was planning to keep interest rates near zero until at least 2024.

Midcentury Modern Renovation in Chattanooga Wows Fans Nationwide

Realtor.com

realtor.com A man obsessed with midcentury modern design renovates homes in Chattanooga, TN. He adds pops of color and emphasizes clean lines, dipping back into decades past for inspiration. Sounds like the plot of an HGTV show, right?

Mortgage lending volume in 2020 likely to break records

Housing Wire

Fannie Mae , the world’s largest mortgage financier, said mortgage lending this year probably will reach an all-time high of $3.9 trillion. The dollar-volume record will be boosted by $2.4

How Low Inventory May Impact the Housing Market This Fall

Keeping Current Matters

Real estate continues to be called the ‘ bright spot ’ in the current economy, but there’s one thing that may hold the housing market back from achieving its full potential this year: the lack of homes for sale.

Local Healthy Meal Delivery Service Serves Tasty Food and Supports Foster Children

Waterfront Properties

Amidst everything that has been happening in the past year, meal delivery services are swiftly gaining in popularity. National and international companies have made their way onto TV screens and into homes, some of which are shipped from other states and even other countries.

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Lemon, Garlic Sauce, Rosemary Make Flavorful Fish Dish

RIS Media

(TNS)—Rosemary adds a fragrant touch to sautéed fish fillets. I have used mahi-mahi, but any type of firm white fish will work. The cooking time depends on the size of the fish. Count about 8 minutes per inch of thickness.

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Luxury Real Estate Headlines: Third Week of September 2020

Sotheby's International Real Estate

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. New Canaan, Connecticut | Leslie Razook & Inger Stringfellow , William Pitt Sotheby’s International Realty .

MBA: 11 million households fell behind on rent or mortgages in second quarter

Housing Wire

In the second quarter of 2020 nearly 11 million households fell behind on their rent or mortgages – however nearly triple that number, approximately 30 million individuals, missed at least one student loan payment, according to a recent report from the Mortgage Bankers Association’s Research Institute for Housing America.

Kansas’s Most Expensive Home Is a $10.9M Mansion With a Wild Water Park

Realtor.com

The Perfect Spot A mansion with its own artificial spot to scuba dive and cliff dive is the most expensive listing in the state of Kansas. Listed for $10.9 million, a house known as the Spirit of Avalon, on Renner Road in Lake Quivira, KS, sits on almost 15 acres.

The best way to refinance: Avoid these 6 mistakes

The Morgtage Report

Refinance applicants can reduce their costs by avoiding mistakes during the application process. This is the best way to refinance. About Mortgages Housing Mortgage mortgage rates Pete Gerardo Real Estate Refinance

Housing Starts: Single-Family Growth Continues in August

RIS Media

In August, single-family starts saw continued growth while overall housing production declined 5.1 percent, according to the latest U.S Housing Development and Commerce Department report. August records 1.42 million starts if housing builders keep this pace for the next 12 months.

Canadian Homebuyers With Small Down Payments Grows For The First Time In Years

Better Dwelling

Canada’s national housing agency warned homebuyers with small down payments to stay out of the market. They may have just done the exact opposite. Bank of Canada (BoC) data shows insured mortgages returned to growth in Q2 2020.

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Builder confidence reaches 35-year high in September

Housing Wire

The National Association of Home Builders and Wells Fargo Housing Market Index rose five points to 83 in September – the highest score the series has seen since its inception 35 years ago, according to a release from NAHB on Wednesday.

Home Prices Rose 11% in August—Biggest Gain in Over 6 Years

Redfin

The housing market in August resembled a game of musical chairs, as high home prices and low mortgage rates began to draw more sellers to the market: New listings climbed 5%, fueling a 30% increase in pending sales.

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Will a New Play Finally Help Sell Shaq’s Massive Florida Estate?

Realtor.com

realtor.com, Nathan Congleton/NBCU/Getty Shaquille O’Neal’s sprawling, 31,000-square-foot mansion in Windermere, FL, is unlike any other home in the country. However, the tropical estate—known as Shaq-apulco, thanks to its resortlike waterfront setting—has not been an easy sell.

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How to Spot a Scam Aimed at Older Adults

RIS Media

(TNS)—One day Jimmy Love of Wichita Falls, Texas, received a phone call that his grandson was in trouble. He didn’t think twice about sending $9,000 to help but soon realized he had been swindled. “I thought my grandson was really in trouble,” Love, 81, says.

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Toronto Condo Prices Have Fallen Over $12,000 From Peak, Despite Booming Sales

Better Dwelling

Greater Toronto’s condo market is booming, but prices slipped from all-time highs. Toronto Regional Real Estate Board (TRREB) data shows sales reached a multi year high for August. The rise in sales was nothing compared to the increase of inventory though.

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Average U.S. 30-year mortgage rate rises from all-time low

Housing Wire

Average mortgage rates for a 30-year fixed mortgage increased slightly to 2.87% this week, the second-lowest on record, rising one basis point from last week’s all-time low of 2.86% , while the less-popular 15-year rate fell to a new low of 2.35%, Freddie Mac said on Thursday.